Financial targets

In preparation for the listing on Nasdaq Stockholm, Edgeware’s board of directors has adopted the following financial objectives, which are connected to Edgeware’s strategic initiatives. All statements in this section are forward-looking.

Sales growth

Edgeware’s target is to achieve annual organic sales growth of more than 20%.

Profitability

Edgeware’s target is to achieve a long-term operating margin (EBIT margin) of more than 15 percent.

Capital structure

Edgeware’s capital structure is to enable a high degree of financial flexibility and provide scope for acquisitions. The Company’s target is for its net indebtedness to amount to a maximum of two times its EBITDA for the most recent 12-month period.

Dividend policy

Over the coming years, Edgeware’s cash flow will be used to finance its continued development and expansion as well as potential acquisitions, which means that no dividends are expected to be paid.

The financial targets above constitute forward-looking statements. Forward-looking statements are not to be viewed as a guarantee of the Company’s future results or performance, and actual outcomes may differ significantly from the information provided in the forward-looking statements.